Versarien Share Discussion Threads

[ratpat999] 06/11/2018 11:28

I bet i can guess the day clubbie buys his shares back ? Hate people who sell and then go on the attack what a piece of sh*t he is, fingers crossed he loses the rest of his money!!

[squire007] 06/11/2018 11:27

Cornerstone investor paid 145 and is well happy .... ;-) lol

[schmally] 06/11/2018 11:27

Wow! Just checking back in on this board and Club seems to have morphed into Log Dropper. Amazing how some people can turn into such nasty pieces of work, just because they can't get gratification as quickly as they want.

Any mindset for this share other than calmness and patience is purely wasted emotion. Fantastic stuff is happening, strong relationships are being built with global giants (businesses and nations), testing and collaborations are positive and no doubt driving further discussions towards future orders. HMG are fully behind VRS, the availability of funding is extensive and the scale of opportunity simply immense.

For anyone doubting NR's integrity and motives, you just have to remember that he could have accepted the first deal offered by China (which was extremely attractive and which would have resulted in a bigger spike in share price than the LOI), sell his shares and sail off into the sunset with a pile of cash. He chose to look at the bigger picture and take his time to ensure the deal was right for the long term, for shareholders and the UK Plc. That tells you everything you need to know.

As an idea I was thinking we should have the equivalent of a Domesday Clock for Shorters. I reckon we are probably at about 11 o'clock counting down to the midnight fireworks.

[festario] 06/11/2018 11:25

Scottishfield, that's what I said yesterday, it's become a depressing mess.

[tini5] 06/11/2018 11:23

LTH don't think in those terms though Club, that's what makes them LTH. I could have bought all of mine at 10p but I didn't. I bought at a range from 10p right up to 170p.

You buy at what you think is good value as you expect them to be higher 2-5 years down the line.

[loglorry1] 06/11/2018 11:21

Since the shares are in a bit of a freefall today it might be worth considering what they may be worth.

As I've said before a basket of VRS peer group trades around £25m market cap.

VRS has a traditional engineering group which is pretty much break even and turns over about £10m so let's value that at 1x turnover (a bit generous but hey ho).

So we are at about £35m. I'll throw in another £5m for cash recently raised so generously I make that about £40m.

152M shares in issue (we'll ignore future options dilution) gives

26p/share.

Plenty more downside to come methinks.

[poombear] 06/11/2018 11:18

Cheapest quote I can get is 114.5 so 113 must be sells.

[luckyorange] 06/11/2018 11:18

I hope Ian Westbrook has sold , it would really bug me that he is about to benefit from all of the hard work that the VRS team has put in.

[squire007] 06/11/2018 11:17

NR just confirming how to sort collabs and production out ........ briliant

[club sandwich] 06/11/2018 11:17

Fest - couldn't have been me, I've never held 100k ;-)

Obviously it's all the banter on here wot's doing it, and nothing whatsoever to do with confidence draining away in VRS and Ricketts as each new day brings a new failure to deliver, while others are motoring on getting contracts, supplying product and making money.

[alchemy] 06/11/2018 11:13

That might be correct. On the other hand a full order book for fulfilment eventually would be a positive.

[cielos] 06/11/2018 11:10

Do posters have to write that and believe it on top?
personally I think is a lot of Bull


phoenixs 6 Nov '18 - 10:27 - 45968 of 45985
...... Personally, I'll just stick with Neill Ricketts. Honest and transparent, doing a proper job nearly 24/7, generous with his time and charity.

[festario] 06/11/2018 11:09

Someone dumped 100,000 at 114p just now, to drag us sharply down.Twasnt me!

[loglorry1] 06/11/2018 11:06

@Club he wants to sign contracts but he can't. They really are only just becoming a very small producer. I could understand folks excitement if Nanene really was superior but I see no evidence of that.

Why doesn't Ricketts answer the question as to why his shares are 7-8x overvalued as because our Nanene is better and give reasons why? Because he can't. He could I suppose just say its the Twitter Multiple.

[luckyorange] 06/11/2018 11:05

Something is on the cards, getting exciting now!

Matt Walker
‏

@MattWal79512221
Following Following @MattWal79512221
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Replying to @IknowNooothing @psxtalks2u @neillricketts
Well..... you’ll have to sit back and see what takes shape 👍

[club sandwich] 06/11/2018 10:58

squire - mail them and tell them: sure they'll be glad to hear from you.

Maybe they've decided they'll take slightly inferior quality NOW rather than wait will Ricketts gets his head out of his ass, scales up production (3T? Really? Not going to go very far for a Continental, a Unilever, a DDP, an Aecom) and decides he can be bothered to sign contracts rather than just endlessly talking to people.

[loglorry1] 06/11/2018 10:57

@tini You do know that asking fellow bulls to confirm that VRS is great and talking to VRS management isn't doing research don't you? You do know that if you talk to any director of an AIM or other listed company they are going to tell you what you want to hear. It's their job to promote the company.

The best NR can come up with to justify the 9x Twitter Multiple to the peer group is that it's nothing to do with him. Laughable!

[cheek212] 06/11/2018 10:56

Yes, is the simple answer! Ford have been testing their low quality Graphene for 3 years but it clearly does what they need it to do! If they decide to test ours, maybe in time they will change but it would potential take 3 years to change their product.

[squire007] 06/11/2018 10:55

In comparison ...... YES,

[festario] 06/11/2018 10:53

SuperG, why did you refer to my 'rant' of last night?If you took the time to read it, you'd see it was actually sound advice, phrased in a measured way, using carefully chosen words to ensure I didn't stray into realms of sounding threatening.The fact that Kempster perceived it that way is merely indicative of his lack of intellect.